Bryn Mawr Trust Advisors LLC Buys 4,837 Shares of Exxon Mobil Corporation $XOM

Bryn Mawr Trust Advisors LLC lifted its stake in Exxon Mobil Corporation (NYSE:XOMFree Report) by 4.2% during the third quarter, Holdings Channel.com reports. The fund owned 119,595 shares of the oil and gas company’s stock after buying an additional 4,837 shares during the period. Bryn Mawr Trust Advisors LLC’s holdings in Exxon Mobil were worth $13,484,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of XOM. Norges Bank bought a new stake in shares of Exxon Mobil in the second quarter valued at approximately $6,163,719,000. First Trust Advisors LP raised its holdings in Exxon Mobil by 150.2% in the 2nd quarter. First Trust Advisors LP now owns 7,602,601 shares of the oil and gas company’s stock valued at $819,560,000 after acquiring an additional 4,563,707 shares in the last quarter. Cerity Partners LLC lifted its position in shares of Exxon Mobil by 200.7% during the 2nd quarter. Cerity Partners LLC now owns 2,014,446 shares of the oil and gas company’s stock valued at $217,162,000 after acquiring an additional 4,015,099 shares during the period. Laurel Wealth Advisors LLC increased its position in shares of Exxon Mobil by 10,809.8% in the second quarter. Laurel Wealth Advisors LLC now owns 3,095,106 shares of the oil and gas company’s stock worth $333,652,000 after purchasing an additional 3,066,736 shares during the period. Finally, Mizuho Markets Cayman LP acquired a new position in Exxon Mobil in the second quarter valued at about $144,147,000. 61.80% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research firms have commented on XOM. BNP Paribas Exane raised shares of Exxon Mobil from an “underperform” rating to a “neutral” rating and set a $114.00 target price on the stock in a report on Monday, December 8th. Scotiabank reiterated an “outperform” rating on shares of Exxon Mobil in a research report on Friday, January 16th. Jefferies Financial Group upped their target price on Exxon Mobil from $146.00 to $148.00 and gave the stock a “buy” rating in a research note on Wednesday, December 10th. Sanford C. Bernstein lowered their price target on Exxon Mobil from $142.00 to $137.00 and set an “outperform” rating for the company in a report on Monday, January 5th. Finally, Zacks Research downgraded Exxon Mobil from a “hold” rating to a “strong sell” rating in a research report on Thursday, January 1st. One research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, seven have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, Exxon Mobil presently has a consensus rating of “Moderate Buy” and a consensus target price of $133.93.

View Our Latest Stock Analysis on Exxon Mobil

Exxon Mobil Stock Up 0.7%

NYSE:XOM opened at $141.43 on Friday. The company has a market cap of $596.43 billion, a PE ratio of 20.56, a P/E/G ratio of 14.84 and a beta of 0.37. The firm’s 50 day simple moving average is $122.80 and its 200 day simple moving average is $116.10. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.14 and a quick ratio of 0.79. Exxon Mobil Corporation has a one year low of $97.80 and a one year high of $142.34.

Exxon Mobil (NYSE:XOMGet Free Report) last posted its quarterly earnings data on Friday, January 30th. The oil and gas company reported $1.71 EPS for the quarter, beating analysts’ consensus estimates of $1.63 by $0.08. The company had revenue of $82.31 billion for the quarter, compared to analyst estimates of $77.98 billion. Exxon Mobil had a net margin of 8.99% and a return on equity of 11.22%. The company’s quarterly revenue was down 1.3% on a year-over-year basis. During the same period in the prior year, the firm posted $1.67 EPS. On average, research analysts anticipate that Exxon Mobil Corporation will post 7.43 earnings per share for the current year.

Exxon Mobil Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, March 10th. Shareholders of record on Thursday, February 12th will be paid a dividend of $1.03 per share. The ex-dividend date is Thursday, February 12th. This represents a $4.12 dividend on an annualized basis and a yield of 2.9%. Exxon Mobil’s payout ratio is 59.88%.

Exxon Mobil News Summary

Here are the key news stories impacting Exxon Mobil this week:

Insider Activity

In other news, VP Darrin L. Talley sold 3,000 shares of the stock in a transaction dated Wednesday, December 17th. The shares were sold at an average price of $117.19, for a total value of $351,570.00. Following the completion of the sale, the vice president owned 28,584 shares in the company, valued at $3,349,758.96. This represents a 9.50% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.03% of the stock is currently owned by insiders.

Exxon Mobil Profile

(Free Report)

Exxon Mobil Corporation (NYSE: XOM) is an integrated oil and gas company engaged in the exploration, production, refining, distribution and marketing of petroleum products and the manufacture and sale of petrochemicals. Its operations span the full energy value chain, including upstream exploration and development of crude oil and natural gas; midstream transportation and storage; and downstream refining, product distribution and retail. The company also produces a broad range of chemical products for industrial and consumer applications.

ExxonMobil markets fuels and lubricants under well-known brands such as Exxon, Mobil and Esso, and its Mobil 1 motor oil is a prominent consumer product.

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Institutional Ownership by Quarter for Exxon Mobil (NYSE:XOM)

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